OPERATING ROOM EQUIPMENT AND SUPPLIES MARKET ANALYSIS

Operating Room Equipment and Supplies Market, by Product Type (Supplies Type (Surgical Instruments, Disposable Materials, Accessories, and Others), Equipment Type (Anesthesia Machines, Electrosurgical Units, Multi-Parameter Patient Monitors, Surgical Imaging Devices (Mobile C-arms, Mini C-arms), Operating Tables, Operating Room Lights, and Other Operating Room Equipment)), by Application (Orthopedic and Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, and Others), by End User (Hospitals, Ambulatory Surgical Centers, Emergency Clinics, and Others) and by Geography - Global Trends and Forecast to 2025

Published In : Mar 2018
Code : CMI1358
Pages :170
Formats :
Excel and PDF
Industry : Medical Devices

Regional Analysis

Furthermore, Asia Pacific is expected to account for the highest growth in the operating room equipment and supplies market. This is attributed to government initiatives to increase deployment of doctors and hospitals in the rural and urban areas in China and India. For instance, in government of China, from 2013 initiated the extensive program to support the rural health, by employing the healthcare professionals. These healthcare professionals are deployed from medical colleges for the contract basis in rural areas for the tenure of six years. Such reforms by China government helped to reshape the rural healthcare infrastructure. Moreover, manufacturers in the region are focusing on developing advanced products for application in operation rooms for complex surgeries. For instance, in November 2017, SpineGuard and XingRong Medical launched PediGuard product range, in China during the Chinese Orthopedic Association (COA) annual meeting, held in Zhuhai, China. PediGuard is disposable medical device, which is used during spine surgery, to reduce the radiation exposure from fluoroscopy by 30%. In July 2017, Huayi Capital—a China-based healthcare focused investment firm—invested US$ 17 million series A round fund in Symbow Medical, a Beijing-based surgical navigation device developer. The funding helped Symbow Medical to develop four dimensional information tracking system, which displays image of human body along with automatic tracking and calibration during surgical intervention. These increasing investment by operating room equipment manufacturing companies in Asia is further expected to augment growth of operating room equipment supplies market in Asia.